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It said the acceptance of necessity accorded to the procurement by the Defence Acquisition Council noted the estimated cost of $3,072 million as provided by the US government, adding the price will be negotiated once policy approval from Washington is received.
The DAC headed by Defence Minister Rajnath Singh on June 15 accorded the AoN or initial approval for acquisition of 31 MQ-9B High Altitude Long Endurance (HALE) drones from the US under the foreign military sale (FMS) route.
The defence ministry, in a statement, described the reports in social media on the price and the terms of purchase relating to the drones as 'speculative' and said they are being spread with 'ulterior motives'
A submersible carrying five people to the Titanic imploded near the site of the shipwreck and killed everyone on board, authorities said Thursday, bringing a tragic end to a saga